Short Term Business Plan

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Effective board directors know that it takes establishing, monitoring and achieving short- and long-term goals to help the organization progress.At this point, the board can establish short-term SMART goals.For example, to open a local office, the board will need the functions of funding to make sure that they can fund the expenses, administration to set up and staff the office, management to administer the programs, etc.First, the board needs to identify the functions that they need to form their short-term goals.Some of the functions may include things like: The functions will help the board plan for whom to assign responsibility for achieving each goal.Short-term goals have an operational component, with action plans for the immediate future.They also form the action plan for achieving each of the long-term goals.Beyond the obvious, knowing the differences between short- and long-term planning can help nonprofits navigate their paths from the present to the future with demonstrated progress toward achieving their goals.Every board needs directors who are great visionaries.Long-term goals to help the board accomplish their mission may include things like: Establishing long-term goals should make it fairly easy to identify what the board needs to do to achieve them.Tasks that help achieve long-term goals become the short-term goals.


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